Volunteer Christian Television Inc
Analysis
Volunteer Christian Television Inc is a registered charity in United States, based in Largo, FL. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2022, Volunteer Christian Television Inc reported income of $523k and spending of $853k, spending 163% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $614k to $523k (-15%), an average of -5.2% a year. The sharpest change came in the year to December 2020, when income dropped by 26%. Over the whole period it spent 147% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Volunteer Christian Television Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Sikh Temple of Wisconsin Inc ($523k), Fully Furnished Ministries Inc ($523k) and Missioners of Christ ($523k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 7.5% and program service revenue 87% of the total. Other salaries and wages came to $263k. At year end it held assets of $4.0m against liabilities of $7.6m, net assets of -$3.6m. It reported 7 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 7.5%
- Program services 87%
- Other 6.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sikh Temple of Wisconsin Inc | Oak Creek | $523k |
| Fully Furnished Ministries Inc | Berkeley Lake | $523k |
| Missioners of Christ | Virginia BCH | $523k |
| Who U with Ministries | Goodlettsvlle | $524k |